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Hotel Near Los Angeles Airport Sold in Region’s Second-Largest Deal of 2020

$91.5 Million Trade is California’s Fifth Priciest Amid Pandemic Conditions
Sunstone Hotel Investors sold the 502-room Renaissance Los Angles Airport hotel to an undisclosed buyer. (CoStar)
Sunstone Hotel Investors sold the 502-room Renaissance Los Angles Airport hotel to an undisclosed buyer. (CoStar)
CoStar News
December 17, 2020 | 1:25 AM

Sunstone Hotel Investors sold the 502-room Renaissance Los Angeles Airport hotel for $91.5 million in the L.A. market’s second-priciest hotel deal by sum of 2020, a tough year for hospitality properties amid the coronavirus pandemic.

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